A US company has completed a £285m pensioner bulk annuity for around 1,100 of UK members with Legal & General (L&G).
The undisclosed company appears in Fortune magazine's annual list of the 500 largest US corporations ranked by revenues. The deal, announced today (18 September), is a full scheme buy-in which is expected...
With a recent rise in the number of smaller schemes undertaking bulk annuity transactions, Charlotte Quarmby sets out why now might be the right time for smaller pension schemes looking to de-risk.
Wilton Re has made an investment in Clara Pensions to support the consolidator’s growth and development.
Two in five UK defined benefit (DB) schemes expect to complete a bulk annuity or longevity swap transaction within the next three years, Willis Towers Watson research finds.
Sponsor covenants are facing a “triple whammy” moving into 2021 as the effects of Covid-19, Brexit and macro-economic conditions combine, Lincoln Pensions warns.
Darryl Brundle and Ashley Kanter look at the contrasting pressures and easements on longevity associated with the pandemic